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Filing year 2023

Midwestern University

Downers Grove, Illinois·EIN 36-3377698·NTEE B500 · Education·501(c)(3)
Total revenue
$537.5M
Total assets
$2.1B
Total expenses
$422.8M
Reported officers
35
Mission

MIDWESTERN UNIVERSITY'S HISTORICAL AND SUSTAINING PHILOSOPHY DEDICATES THE INSTITUTION AND ITS RESOURCES TO THE HIGHEST STANDARDS OF ACADEMIC EXCELLENCE TO MEET THE EDUCATIONAL NEEDS OF THE HEALTH CARE COMMUNITY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.

President, Ceo, Trustee
Board Member
Above 90th percentile
$1.9M
$2.1M
Base
$973k
Bonus
$606k
Other
$247k
Benefits
$20k
Sr. Vice President & Chief Academic Officer
Vice President
Above 90th percentile
$968k
$1.1M
Base
$541k
Bonus
$274k
Other
$90k
Benefits
$31k
Assistant Treasurer, Cfo, Vice President
Above 90th percentile
$772k
$855k
Base
$435k
Bonus
$240k
Other
$33k
Benefits
$30k
Sr. Vice President Administration and Communications
Vice President
Above 90th percentile
$724k
$802k
Base
$372k
Bonus
$164k
Other
$125k
Benefits
$30k
Dean Student Services - Last Day of Work Dec 15, 2023
Highest Compensated Employee
Above 90th percentile
$705k
$780k
Base
$315k
Bonus
$107k
Other
$229k
Benefits
$21k
Vice President & Chief Academic Officer - Last Day of Work June 30, 2023
Board Vice President
Above 90th percentile
$673k
$745k
Base
$244k
Bonus
$138k
Other
$243k
Benefits
$15k
Vice President & General Counsel
Vice President
Above 90th percentile
$656k
$726k
Base
$450k
Bonus
$84k
Other
$75k
Benefits
$14k
Vice President, Chief Academic Officer
Vice President
Above 90th percentile
$636k
$705k
Base
$428k
Bonus
$106k
Other
$39k
Benefits
$30k
Dean, College of Dental Medicine - Illinois
Highest Compensated Employee
Above 90th percentile
$624k
$692k
Base
$396k
Bonus
$113k
Other
$61k
Benefits
$22k
Dean of Medicine - Az
Highest Compensated Employee
Above 90th percentile
$611k
$677k
Base
$408k
Bonus
$85k
Other
$62k
Benefits
$22k
Dean, Colleges of Pharmacy
Highest Compensated Employee
Above 90th percentile
$609k
$675k
Base
$401k
Bonus
$93k
Other
$52k
Benefits
$30k
Dean of Medicine - Il
Highest Compensated Employee
Above 90th percentile
$608k
$673k
Base
$403k
Bonus
$89k
Other
$61k
Benefits
$22k
Vice President of Operations
Vice President
Above 90th percentile
$591k
$655k
Base
$376k
Bonus
$132k
Other
$19k
Benefits
$30k
Vice President, Clinic Operations
Vice President
Above 90th percentile
$565k
$626k
Base
$362k
Bonus
$127k
Other
$14k
Benefits
$29k
Vice President, Finance
Vice President
Above 90th percentile
$527k
$584k
Base
$332k
Bonus
$123k
Other
$10k
Benefits
$29k
Vice President, Human Resources Ganizational Development
Vice President
Above 90th percentile
$512k
$567k
Base
$368k
Bonus
$96k
Other
$11k
Benefits
$5k
Vice President, Assistant to the President
Vice President
75th to 90th percentile
$348k
$386k
Base
$280k
Bonus
Other
$37k
Benefits
$3k
Vice President, Multicultural Affairs and Community Outreach
Vice President
Median to 75th percentile
$236k
$261k
Base
$191k
Bonus
Other
$4k
Benefits
$21k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Midwestern University equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.4%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 38%
from 2022

From $3M in 2022 to $1.9M in 2023.

$3M
2022
$1.9M
2023
In today's dollarsEst.
Down 40% in real terms$3.5M to $2.1M

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay fell 38% from 2022 to 2023, while revenue rose 4%.

$3M in 2022 to $1.9M in 2023.
  • Vice President pay rose 15% from 2022 to 2023.
  • Chief Executive Officer pay rose 25% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Midwestern University

What does the Board Member of Midwestern University earn?

In 2023, the Board Member of Midwestern University received $1,878,648 in total compensation. This pay is in the top 10% for Board Member roles among Education organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at Midwestern University compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Board Member at Midwestern University falls in the top 10%. In 2023, the highest total compensation at Midwestern University equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

What are Midwestern University's revenue and expenses?

In 2023, Midwestern University reported $537.5M in total revenue and $422.8M in total expenses on its IRS Form 990.

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